The Stock Market Isn’t as Bad as you Think

Most of the stocks plummeting in 2009 are in financial companies. Meanwhile, 172 of the stocks in the S&P 500 are in positive territory. Many will continue to fare well during a recession...

The fact that investors are not just dumping all equities in favor of safer havens like gold and Treasury bonds is encouraging. The indiscriminate selling that was a hallmark of the market at the end of last year appears to be over…hopefully for good. (Read more at CNN Money News)